Bank Letter Sample - - Russo and Steele

"Russo and Steele unquestionably has its collective finger on the pulse of the Monterey environment..."
- Sports Car Market

"This is way more fun than any of those other auctions…I wouldn’t want to go anywhere else. They can have their Bugattis. Gimme this any day."
- AutoWeek

"Russo and Steele has skillfully distinguished itself from competing auctions."
- Car Collector

"Bidders feel most at home at the pre-auction preview of Russo and Steele."
- The New York Times

Bidder Application

Bank Letter

Agreement Provisions

Bank Letter Sample

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(SAMPLE) Bank Letterhead

Russo and Steele
5230 South 39th Street
Phoenix, AZ 85040

Re: (bidder's name)

Dear Sirs:

This letter will serve as your notification that (bank name) will irrevocably honor and guarantee payment of any check(s) written by our customer (customer name) up to the amount of ( $ ). Drawn on account ( # ) or that (bank name) will honor the transfer of US funds as directed by (customer name) up to the amount of ( $ ) the day following the purchase(s). This letter of honor/guarantee shall be applicable to purchases made at the Russo and Steele Auction held August 14-16th, 2008. No stop payments will be issued.

(Bank Officer name and title)

(Bank Officer Signature/date)

(Bank officer telephone number)

(Customer signature/date)